Computing Ending Inventory under Dollar-Value LIFO Wheels Inc. accounts for inventory using the dollar-value LIFO method. The following information is available for Year 1 through Year 3 (listed chronologically).

Year	Ending Inventory at FIFO	Price Index
Year 1	$5,000	1.00
Year 2	8,000	1.10
Year 3	10,000	1.13

Compute ending inventory under the dollar-value LIFO method for Year 1, Year 2, and Year 3. Note: Round your answers to the nearest whole dollar.

		Ending Inventory	Price	Ending Inventory	Inventory	Price	Ending Inventory
	Date	(End of year prices)	Index	(Base year prices)	Layers	Index	(Dollar Value LIFO)
	Year 1	$5,000	1.00	$5,000	$5,000	1.00	Answer
	Year 2	Answer	Answer	Answer	Answer	1.00	Answer
					Answer	1.10	Answer
	Year 3	Answer	Answer	Answer	Answer	1.00	Answer
					Answer	1.10	Answer
					Answer	1.13	Answer